NTESNasdaqServices-Prepackaged SoftwareAlso trades as NETTF
NetEase, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026
$125.25−0.81 (-0.64%)
Close on Oct 19, 2026
NetEase statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available, median of Services-Prepackaged Software companies for comparison
Income (trailing twelve months)
| Measure | NetEase | Industry median |
|---|---|---|
| Revenue | CN¥112.63B | CN¥1.45B |
| Gross Profit | CN¥72.40B | CN¥727.69M |
| Operating Income | CN¥35.83B | -CN¥38.65M |
| Pretax Income | CN¥40.83B | CN¥10.40M |
| EBITDA | CN¥38.08B | CN¥4.76M |
| EPS (Diluted) | 10.48 CNY | 0.00 CNY |
Margins
| Measure | NetEase | Industry median |
|---|---|---|
| Gross Margin | 64.3% | 33.5% |
| Operating Margin | 31.8% | -3.51% |
| Pretax Margin | 36.3% | 0.71% |
| EBITDA Margin | 33.8% | 0.16% |
| FCF Margin | 44.1% | -1.56% |
Returns
| Measure | NetEase | Industry median |
|---|---|---|
| Return on Invested Capital (ROIC) | 36.5% | -1.25% |
| Return on Capital Employed (ROCE) | 21.2% | -0.76% |
Growth
| Measure | NetEase | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 6.96% | 2.73% |
| EPS Growth (YoY) | 14.0% | -43.6% |
| FCF Growth (YoY) | 29.4% | 2.88% |
| Revenue Growth (3Y CAGR) | 5.29% | 4.46% |
| Revenue Growth (5Y CAGR) | 8.86% | 3.56% |
| EPS Growth (3Y CAGR) | 19.3% | 18.2% |
| EPS Growth (5Y CAGR) | 23.8% |
Balance sheet
| Measure | NetEase | Industry median |
|---|---|---|
| Cash & Short-Term Investments | CN¥69.97B | CN¥1.52B |
| Net Cash (Debt) | CN¥69.97B | CN¥683.87M |
| Net Cash Per Share | 21.92 CNY | 1.65 CNY |
| Equity (Book Value) | CN¥160.30B | CN¥1.61B |
| Book Value Per Share | 50.22 CNY | 11.00 CNY |
| Tangible Book Value | CN¥158.44B | CN¥1.41B |
| Working Capital | CN¥128.25B | CN¥700.54M |
Financial position
| Measure | NetEase | Industry median |
|---|---|---|
| Current Ratio | 3.45 | 1.76 |
| Quick Ratio | 1.44 | 1.06 |
Cash flow (trailing twelve months)
| Measure | NetEase | Industry median |
|---|---|---|
| Operating Cash Flow | CN¥50.74B | CN¥35.46M |
| Capital Expenditures | -CN¥1.07B | -CN¥35.72M |
| Free Cash Flow | CN¥49.67B | -CN¥40.59M |
| FCF Per Share | 15.56 CNY | -0.02 CNY |
Efficiency
| Measure | NetEase | Industry median |
|---|---|---|
| Asset Turnover | 0.54 | 0.56 |
| Inventory Turnover | 63.81 | 38.57 |
| Revenue Per Employee | CN¥7.40M | CN¥1.39M |
| Employee Count | 15,211 | 1,357 |
Dividends and yields
| Measure | NetEase | Industry median |
|---|---|---|
| FCF Payout Ratio | 27.8% | 29.8% |
Shares
| Measure | NetEase | Industry median |
|---|---|---|
| Shares Outstanding | 3,192,110,000 | 813,600,000 |
| Shares Change (YoY) | -0.38% | 0.54% |
| Float | 1,785,980,000 | 634,000,500 |
| Shares Held by Insiders | 44.1% | 17.4% |
| Shares Held by Institutions | 1.83% | 3.42% |
Taxes
| Measure | NetEase | Industry median |
|---|---|---|
| Income Tax | CN¥6.03B | CN¥6.73M |
| Effective Tax Rate | 14.8% | 16.6% |
Scores
| Measure | NetEase | Industry median |
|---|---|---|
| Graham Number | 108.82 CNY | 44.34 CNY |
| Beneish M-Score | -2.90 | -2.35 |
Calculated by StockData from NetEase's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.